2 h. ago EU leaders urged to use frozen Russian assets to fund Ukraine’s defence

Pressure is growing on member states to back a €90bn loan for Kyiv ahead of a Brussels summitEuropean leaders are being urged to decide whether to use Russia’s frozen assets to fund Ukraine’s defence at a time of unprecedented pressure from the US.At a critical summit in Brussels on Thursday, EU leaders will be asked to make good on a promise to find urgently needed cash for Ukraine, with Kyiv under pressure to cede territory as Russia ekes out advances on the battlefield. Continue reading...

Politics

22 h. ago EU talks on using Russian assets to fund reparations loan for Ukraine enter final stages ahead of crunch meeting – Europe live

Negotiations among EU leaders continue ahead of critical European Council meeting in Brussels on ThursdayIf you want to test various scenarios ahead of tomorrow’s debate on Russian frozen assets, you can use this handy calculator to see what is needed to get the proposal passed under the so-called qualified majority vote, or QMV (expect to hear a lot about it in the next 48 hours).As we know, the opposition is led by Belgium and its outspoken prime minister Bart de Wever, with Bulgaria, Czech Republic, and Malta also against. Italy has some doubts too (at least for now?), and Hungary, traditionally, is against anything that would help Ukraine. Continue reading...

Politics

40 h. ago Scots money launderer caught trying to flush evidence of £12million dirty cash plot down the toilet jailed

A HOOD caught trying to flush evidence of a £12million dirty cash plot down the loo has learned his fate. Ronald Russell has been caged after cops swooped on his home after his prints were found on banknotes seized in an earlier bust down south. The money launderer, 47, raced upstairs to the bathroom as...

Economics

41 h. ago Police probing suspected fraud and money laundering at Tower Hamlets council

The council says the alleged crimes date back to 2018 and that a police investigation is ongoing

Events

5 d. ago CHRIS HUGHES: 'Britain facing the shadow of war in chilling WW3 warning'

"Britain's war machine grinds into gear as the whole of the UK is warned we face the "shadow of war' and a massive effort is being thrown at trying to halt march to global conflict"

Events

5 d. ago EU prepares to use £185 BILLION of frozen Russian assets to fund huge loan to Ukraine

The move would allow EU leaders to work out at a summit next week how to use the tens of billions of euros in Russian Central Bank assets to underwrite a huge loan to help Ukraine in the war.

Economics

5 d. ago Hollywood director found guilty of scamming Netflix out of $11m for phantom show

Carl Rinsch, who directed Keanu Reeves action film 47 Ronin, was convicted on fraud and money laundering chargesA Hollywood director was convicted Thursday on charges that he scammed Netflix out of $11m for a show that never materialized, while he instead used the cash for lavish purchases that included several Rolls-Royces, a Ferrari and about $1m in mattresses and luxury bedding.Carl Rinsch, best known for directing the film 47 Ronin starring Keanu Reeves, was convicted of wire fraud, money laundering and other charges, according to court records and a spokesperson for federal prosecutors in New York. Continue reading...

Culture

6 d. ago Hollywood director scammed Netflix out of $11 million to fund lavish lifestyle

The director was convicted of wire fraud, money laundering and other charges, according to federal prosecutors in New York when the money he was paid by Netflix was spent on personal items

Economics

6 d. ago Oklahoma Black Lives Matter leader indicted for fraud, money laundering

The longtime leader of the Black Lives Matter movement in Oklahoma City has been indicted for fraud and money laundering

Politics

6 d. ago ICE issues deportation order for Belarusian woman extradited by FBI

Yana Leonova faces multiple charges including fraud and conspiracy for smuggling US aviation parts to RussiaAn ongoing FBI investigation into a Belarusian woman accused of smuggling US aviation parts and electronics to Russia is teetering on the brink of collapse after being caught in what one judge called a “Kafkaesque” case brought on by the Trump administration’s attempts to deport her before she faces trial.Federal prosecutors had worked for over a year to secure the extradition of Yana Leonova, who faces multiple charges including fraud, conspiracy, and money laundering. But their efforts unraveled when immigration officials abruptly issued an order to detain and deport her soon after she was flown into the US last month, a move that plunged the case into legal chaos. Continue reading...

Events

6 d. ago Moment woman is arrested seconds after landing back in Britain for running huge drugs ring with her ex

Lisa Regan, 53, laundered money made through her cocaine empire through a cafe in Swansea alongside her ex-husband Phillip Jones, 44.

Events

6 d. ago Moment female cafe owner is arrested seconds after landing back in Britain for running huge drugs ring with her ex

Lisa Regan, 53, laundered money made through her cocaine empire through her cafe in Swansea alongside her ex-husband Phillip Jones, 44.

Events

8 d. ago Police raid Argentine soccer clubs and AFA as part of investigation into alleged money laundering

Argentine federal police have raided the headquarters of the Argentine Football Association and at least 17 soccer clubs

Events

8 d. ago European leaders agree to fund Ukraine for 2 years but using Russian assets poses a major test

European Union leaders have committed to funding Ukraine's economic and military needs for the next two years

Politics

9 d. ago Keir Starmer tells Zelensky the UK is ready to hand £8billion in frozen Russian assets to assist Ukraine's war effort

The move is part of a wider push that could give Kyiv access to holdings worth tens of billions of pounds locked in EU countries.

Economics

1 week ago UK will not be haven for dirty money, Lammy to say in corruption crackdown

Exclusive: Justice secretary to announce measures aimed at countering illicit finance as well as bribery in public servicesThe UK will no longer be a haven for dirty money and dictators’ laundered assets, David Lammy is to promise as he announces a new anti-corruption strategy also aimed at tackling bribery and other misconduct across government and public services.Setting out the plan in a speech in London on Monday, Lammy, the justice secretary and deputy prime minister, will announce a series of initiatives including extra funding for an elite anti-corruption police unit. Continue reading...

Politics

1 week ago Trump attacks Democrat he just pardoned over a ‘lack of LOYALTY’

Trump bemoans Democratic congressman’s refusal to play turncoat after pardon for bribery, money laundering charges

Politics

1 week ago US may end support for Ukraine war effort, says Donald Trump Jr

Eldest son of Donald Trump makes speculative comments during tirade against Volodymyr Zelenskyy and EUDonald Trump may walk away from the Ukrainian war, the US president’s oldest son has said in comments to a Middle East conference.In a lengthy tirade against the purpose of continued fighting in Ukraine, Donald Trump Jr also said Ukraine’s “corrupt” rich had fled their country leaving “what they believed to be the peasant class” to fight the war. Continue reading...

Politics

1 week ago Pam Bondi tells law enforcement agencies to investigate antifa groups for ‘tax crimes’

Exclusive: Move is part of Trump’s broader crackdown on leftwing groups, including designation of antifa as ‘domestic terrorism’ groupUS politics live – latest updatesThe US attorney general, Pam Bondi, instructed law enforcement officials on Thursday to investigate antifa and other supposed domestic terror groups, and specifically directed them to search for “tax crimes” the groups may have committed, according to a memo obtained by the Guardian.The document signals how the Trump administration and Bondi are ramping up efforts to crack down on leftwing groups. Antifa, short for antifascist, is not a clearly defined organization, but rather a loose network of activists. Trump signed an executive order in September declaring it a domestic terrorism organization – something legal experts say he does not have the authority to do. Continue reading...

Events

1 week ago Tax man got into debt from his wedding, so stole £200,000 from HMRC

Mohammed Daar, 36, has been jailed for three years for fraud and money laundering offences

Economics